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1 piece of Warren Buffett investing advise I’m following in 2022

by todayminutes
January 23, 2022
0

No one offers sage wisdom like Warren Buffett now, do they? The Oracle of Omaha has not just been a hugely successful investor but has also shared great insights on money over the years. Like this one: “If you don’t find a way to make money while you sleep, you will work until you die.” It hits home for me particularly when I think in terms of retirement planning. If I do not plan for it, I would have to work far longer than I wish to in order to keep my income going. 

Keeping this in mind, I am now finding ways to make money while I sleep, to say it in Buffett’s words. Investing is one of the key ways of doing so. Whether it is investing in real estate or bonds or stocks, my goal is to make money from money. For me, stock-market investing has long been a profitable way of investing. So I am sticking with it. 

There are essentially two ways of making money through investing in the stock markets. One of them is through growth in my capital. I have to choose stocks carefully, though. There are plenty of stocks that have languished for years and could do so in the future as well.

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